Examine the sequence showing the cause of the United States recession in the 1970s.

A sequence of three bubbles with arrows pointing downward showing the cause of the U S recession in the 1970's. The top bubble is labeled The high inflation caused businesses to have lowered profits. The middle bubble is blank. The bottom bubble is labeled The economy stalled.

Which statement belongs in the middle of the sequence?

Borrowing money was harder due to higher costs.
Prices of goods increased in order to increase profits.
Workers lost their jobs because businesses had less need for them.
More workers were hired as businesses increased production.

Answers

Answer 1

Answer:

B is correct

Explanation:

Answer 2

The statement which belongs in the middle of the sequence is that, "the Prices of goods increased in order to increase profits."

What is recession?

A recession is a significant decline in economic activity which spread across the economy and lasted more than a few months. It was normally visible in real GDP, real income, industrial production, employment and wholesale-retail sales.

How major was the United States recession in the 1970's?

The 1970s saw some of the highest rates of inflation in the United States in recent history. In turn, interest rates rose to nearly 20%.Fed policy, Keynesian economic policy, the abandonment of the gold window and market psychology all contributed to the high inflation.

The Great Inflation was blamed on oil prices, currency speculators, greedy businessmen and union leaders. However, it is clear that monetary policies that financed massive budget deficits and were supported by political leaders were the cause.

The U.S. Bureau of Labor Statistics estimates that 2.3 million jobs were lost during the recession, at the time, this was a post-war record. Although the recession ended in March 1975, the unemployment rate did not peak for several months.

What caused the US recession in the 1970s?

The US recession in the 1970's was caused by a period of economic stagflation. There were also other reasons which came about because of rocketing gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S.

Other major factors included heavy government spending on the Vietnam War, and a Wall Street stock crash in 1973-74. All these causes led to the recession.

Hence, option B is correct.

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Related Questions

Which statement BEST explains American citizens' sentiments (opinions) about both WWI and WWII?
A.Americans saw the wars as a European conflict and felt they should remain neutral until they were threatened by a foreign power. B. Americans believed that the government was not sending enough aid to Germany and feared that they would attack the U.S. C Americans provided aid to the allied powers until they were attacked by a foreign power and lost 25% of the military. D Americans saw the wars as a European conflict, but felt their involvement was needed to help the Axis Powers.

Answers

Answer:

A.Americans saw the wars as a European conflict and felt they should remain neutral until they were threatened by a foreign power.

Explanation:

Americans saw the wars as a conflict between the europeans. When the president declared neutrality in the conflict, he received lots of support from the american people because they had nothing at stake, they did not just want to go to war and risk the lives of people for nothing. The neutrality stance came to an end due to the losses they began to suffer in the hands of Germany and the Japanese. Also the destruction of pear harbor by the Japanese

What was “No Man’s Land” and what made this area gain its name?

Answers

Answer:

No Man's Land was a vast expanse of desert, aptly named, because no one could live there, due to the lack of water, the large amount of venomous creatures, and the extreme heat.

Explanation:

Answer:

no man's land

Explanation:

Church elders used the term for territories lying uneasily between established parishes. And when the bubonic plague ravaged the country, “no man's land” could refer to a mass burial ground, where no living person would dare tread.

why is "The Clotilda" significant in American History. (List 3)
If u can go to yt and watch the video and help me I love u :’)

Answers

Answer: I gotcha, The Clotida was the last known U.S. slave ship to bring captives from Africa to the United States, arriving at Mobile Bay, in autumn 1859 or July 9, 1860, with 110–160 slaves.

Explanation: yw

Mansa Musa was approximately born in the year

Answers

Answer:

It should be 1280

Answer:

She was born in the year 1280

Explanation:

Since I helped u with this question can you pls go answer mine?

https://brainly.com/question/21587127

thank you :)

What was the reaction of President Hoover and Congress when the Great
Depression first began? *

Answers

Answer:

"This nor sleet nor hail nor rain will fall this shall not last any longer."

Explanation:

Tryna be persistent and determined about stopping it

Which group is responsible for the genocide of the jews during the Holocaust?

A. Khmer Rouge


B. Patriotic Front

C. The Janjaweed

D. The Nazi Party. ​

Answers

Answer:

i like your pfp

Explanation:

D. The Nazi party

Under the dictatorship of Führer Adolf Hitler (1889-1945), the National Socialist German Workers’ Party, or Nazi Party, grew into a mass movement. Ruling Germany through totalitarian means from 1933 to 1945, fascism and anti-Semitism were central to the regime. The term ‘Holocaust’

1 poin
15. The idea that workers began to specialize and performed one specific
task on the assembly line is known as *
A. Mass Production
B. Division of Labor
C. Textile Industry
D. Interchangeable Parts

Answers

Answer:

Correct answer is B. Division of Labor.

Explanation:

Option A is not correct as mass production does not refer to specialization of work, but on large amount of products that have been produced.

B is correct as division of labor leads to specialization of certain professions.

C is also not correct as textile industry refers only to one branch.

D is not correct as it refers to mass production.

How did Britain's large overseas empire contribute to the success of British factories?

Answers

because british is bluefave rapper

Which letter identifies the Mediterranean Sea?
Α
B
C
D
Mark this and return
Answer is D I promise is wrong I am sorry

Answers

A is Mediterranean sea. . ......

Α letter identifies the Mediterranean Sea. Thus option A is correct.

What is the Mediterranean Sea?

The Mediterranean Sea is a sea that connects to the Atlantic Ocean. It is encircled by the Mediterranean World and is almost entirely bordered by land, with Western as well as Southern Europe, Istanbul, and North Africa upon that north, coastal Levant also on south, and the Mediterranean Sea upon that east.

The nations in the Eastern Mediterranean are the ones that border the Mediterranean Sea or are found in the region's basin. Twenty sovereign nations edge the sea, including two pacific islands entirely within it, in Southern Europe, Southwest Asia, plus North Africa.

Western culture has revolved around the Mediterranean Sea. It is a region with a long history that has been important to the growth of trade and transportation as a food source for increasing population. Therefore, option A is the correct option.

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someone tell me the answers pls i’ll give you brainlist and points

Answers

Which question are we supposed to answer

What was the mistrust between the Henrietta Lacks and the tuskegee

Answers

Answer: i'm not sure sorrwy

Explanation:

True or False: Even in the Gilded Age, child labor laws were enforced and taken seriously. A True B False​

Answers

Answer:

B. false

Explanation:

Even in the Gilded Age, child labor laws were enforced and taken seriously. This statement is false.

What is child labor?

Child labor is defined as the exploitation of children through any form of work that robs them of their childhood, interferes with their ability to attend regular school, and is mentally, physically, socially, and morally harmful.

Child labor laws were necessary because they restricted child labor in the United States, with labor laws being those that helped children who worked during the Gilded Age, establishing better working conditions and children's rights to freedom, education, and decent living conditions.

As a result, it was the Great Depression that reduced child labor in the country, as living conditions were reduced and there was a need to look for work.

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Central Asia and the Caucasus have access to large amounts of which resource? O A. Solar energy O B. Corn O C. Fish O D. Minerals​

Answers

Answer:D.Minerals I promise

Explanation:

pls help

How does this political cartoon represent the principle of Republicanism?​

Answers

Answer:back then people who favored republicanism were pro slavery, so the skulls represent the slaves and sitting on top of it is a wealthy man. who profits from the slaves

Explanation:

Which of the following best describes isolationism?

a. a policy of expanding boundaries through military conquest

b. a policy of avoiding contact with other countries

c. a movement within a country that supports revolution

b. a philosophy based on the teachings of Confucius please help!

Answers

Answer: A policy of remaining apart from the affairs or interests of other groups, especially the political affairs of other countries.

Explanation:

Answer:

B

Explanation:

because isolationism is an act of wanting to avoid contact from others and being on your own.

Cite as principais cidades-estado da Grécia Antiga Qual cidade-estado foi onde teve início a democracia

Answers

Answer and Explanation:

As principais cidades-estado da Grécia antiga foram Espart , Atenas, Tebas, Creta e Troia. A maioria delas mostra importância por conta de seu poder econômico e produtivo.

Dentre essas cidades, Atenas foi uma das mais importante porque foi lá que a democracia foi criada e estabelecida como um regime politico benéfico e progressista.

Which of the following was NOT a result of the Enlightenment? religious tolerance reason and logic being applied to the human world O monarchies were given longer terms O democratic revolutions ​

Answers

Answer:

Monarchies were given longer terms

Explanation:

Monarchies don't have terms, they have a ruler who has children who take over after they die, thus continuing the monarchy. A term is typical of a democracy.

When Mendel began his experiment what was the idea most scientists believed about
inheritance?

Answers

Mendel gets his due eventually

The chromosome theory of inheritance, or the idea that we receive a combination of traits from each parent carried on a set of distinct pairs, was proposed in 1902 and was the first study to rely heavily on Mendel's ideas of dominant and recessive traits.

who was Harriet Tubman ? what is the Biden Administration trying to do to honor her? do you agree with that and explain why or why not ? ​

Answers

Answer: Harriet Tubman was a black abolitionist who helped in the underground railroad to free slaves out of bondage.

The Biden administration wants to put her on the $20 bill.

do i agree with that? yes, especially because Andrew Jackson is on the $20 bill, even though he said himself that he is against paper currency. Harriet Tubman is a person who should be honored for what she's done, she deserves to be on the $20 bill.

Explanation:

Please help!!!!
Compare/Contrast the Leaders and important people of haitian revolution and the mexican revolution?

Answers

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

I am going to compare the Haitian revolutionary leader Toussaint Louverture with the Father of the Mexican Independence, priest Miguel Hidalgo y Costilla.

Toussaint Louverture (1743-1803) was the most important leader of the Haitian independence movent who had the courage to fight against the powerful French Army. Indeed, due to his courage and dedication to the Haitian people's cause, he is known as the Father of Haiti.

He was a native of the island, at that time, known as Saint-Domininqgue, under the rule of France. He was a slave, could get his freedom, and became a jacobine that supported the revolutionary ideas of freedom and equality. And that is what he wanted for his beloved island.

On the other hand, we have the case of the Mexican priest Miguel Hidalgo y Costilla (1753-1811). He was a "criollo," half Spanish, half Mexican. As the member of the clergy he was, he was against the many injustices suffered by the native Indians and did not like the way the Spanish crown oppressed the Indians. He gathered the support of many people like Josefa Ortiz de Dominguez, José María Morelos y Pavón, and more, to declare the beginning of the Mexican revolutionary movement on September 15, 1810.

Can anybody help me with this please hurry it is due at 4 o’clock

Answers

1.) Legal Counsel to Nixon

2.) ...no more restrictive than a draft and less restrictive than attending school

3.) more emphasis on civic duty due to the fact he claims it is not an unreasonable thing to act for and he believes citizens should carry out this duty.

4.) highlights the simplicity of it by comparing it to other civic duties by going on jury duty

5.) there is not much of a focus on freedom and this could be used to say that it goes against ones free will.

Hope this helps sorry it’s a minute after submission

Emperor Ashoka chose to protect animals through practicing vegetarianism and protecting wildlife from being hunted. Which religion influenced Emperor Ashoka's philosophy on preventing animals from suffering?

Answers

Emperor Ashoka chose to protect animals through practicing vegetarianism and protecting wildlife from being hunted.Buddhism religion influenced Emperor Ashoka's philosophy on preventing animals from suffering.

as he is fan of Buddha. as he also made Asoka pillar in birth place of Buddha.

Emperor Ashoka chose to protect animals through practicing vegetarianism and protecting wildlife from being hunted. The religion of Buddhism influenced Emperor Ashoka's philosophy on preventing animals from suffering.

What is Buddhism?

Buddhism is a religion and philosophy that developed from the teachings of Buddha, a teacher who lived in northern India between the mid-6th and mid-4th centuries.

The focus of Buddhism is to make each person free from suffering and find happiness.

Buddhism is a philosophy of life based on the teachings left by Siddhartha Gautama, the historical Buddha, who lived approximately between 563 and 483 BC in Nepal.

The Buddhist scriptures and doctrine developed in ancient India were written in Pali , Prakrit and Sanskrit.

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ILL MARK BRAINLIEST PLEASE HELP ME
Which of the following was not true of the Viet Minh: A) Its original purpose was to achieve Vietnamese independence. B) Hò Chi Minh served as its leader. C) The organization became affiliated with communism in the 1950s. D) The party gained little popularity in the northern areas of Vietnam​

Answers

Answer:

A

Explanation:

Which reason best explains why the NORTH developed an economy based on manufacturing, while the SOUTH focused more on agriculture?
A northern plantations could not grow cotton
B Physical geography supported Gitterent economies.
C Slavery was a necessity in both regions of the United States
D Southerners lacked available and to build taktories

Answers

Answer:

H

Explanation:

H

PLEASE HELP MY TEST IS TIMED.

The Industrial Revolution influenced farming in the North by
posting images on Instragram, like other influencers.
allowing settlers to farm in places they could not before.
increasing the rate agricultural goods could be produced.
eliminating the use of slave labor to help with farming.
decreasing the desire of Southerners to move to the North.

Answers

Answer:

increasing the rate agricultural goods could be produced

Explanation:

The Trojan War was a conflict where Greece defeated the city of Troy. Scholars do not know many facts about the Trojan War. They think an epic poem from Ancient Greece contains some facts about the people and events of the Trojan War. However, it is not a reliable historical source because the facts are mixed with mythology.

Answers

The correct answer to this open question is the following.

There is no question here. What do you want to know,

Trying to help you answer this question, we did some deep research and found that the question that is missing is the following.

"Which of these epic poems describes the heroes and events of the Trojan War?" You also forgot to include the options for this question.

So the answer to this question is the following.

The epic poem that describes the heroes and events of the Trojan War is the Iliad.

This epic poem tells the story of the battling confrontation of Mycenaean Greece against Troy. The great Greece author Homer is the author of the Iliad and also of the Odyssey.

It is true that this story is a combination of mythology and history. That is why through the pass of time it has been considered more of a myth. Although archeologists have done excavations in Turkey and have found evidence of a civilization like the one referred to in the Iliad.

Read the passage. Then answer the question.
"It is quite manifest to every person who has had an opportunity of experiencing the advantage of Indian services that the friendship and assistance of
the Cherokees are well worth cultivating."

Which British leader most likely wrote these words during the French and Indian War?

A. William Pitt

B. Robert Dinwiddie

C. Edward Braddock

D. George Washington

Answers

Answer:

i wanna say b

Explanation:

sounds the most British name and in pretty sure I read abt him in ms

There’s the map picture btw plz help me in this one too

Answers

Answer:

Answer Below

Explanation:

On average to go from Boston to Philadelphia and back would be 16 days. 8 days going and 8 days going back.

Since Revere took only 11 days instead of 16, we beed to subtract 11 from 16.

We get 5. Which means, It took Revere 5 fewer days than average.

Hey can y’all help me
Show yo work

Answers

Answer:

B, i think

Explanation:

It's the most reasonable answer. I don't really know how to show my work on this question

Answer:

The last3 answers

Explanation:

Do Not Mark the first one.Please mark me brainliest,rate 5 stars, and give a thanks! Have a good day!

How do you think voters would respond if the House of Representatives were to decide the outcome of a presidential election

Answers

Answer:

it would really depend on who they decided won, if they were for the winner they would say its the right thing but if they were for the loser, they would claim its "unconstitutional"

Explanation:

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